Claro Argentina, the country’s largest mobile operator by subscribers, has revealed plans to invest USD2.65 billion in the upgrade of its networks over the next five years. The funds will be used to increase the capacity of its 3G network, continue the rollout of its 4G infrastructure and expand its fibre-optic coverage. On top of the USD281 million committed in the government’s recent spectrum auction, Claro will make USD400 million available on an annual basis, with the remaining USD369 million set aside for future spectrum purchases.
Meanwhile, a parallel report from Signals Telecom News indicates that Claro’s Long Term Evolution (LTE) network is likely to go live in June this year, under the ‘4G LTE Ready’ brand. Last month the telco noted that its LTE rollout was well underway, but did not intend to announce a commercial 4G launch until the network had achieved significant coverage.